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Splish brothers inc. has the following transactions related to notes receivable during the last 2 months of the year. the company does not make entries to accrue interest except at december 31. (omit cost of goods sold entries.) nov. 1 loaned $66,600 cash to c. bohr on a 12-month, 6% note. dec. 11 sold goods to k. r. pine, inc., receiving a $7,200, 90-day, 6% note. dec. 16 received a $9,600, 180-day, 8% note to settle an open account from a. murdock. dec. 31 accrued interest revenue on all notes receivable. journalize the transactions.
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Splish brothers inc. has the following transactions related to notes receivable during the last 2 mo...
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